Aurubis to Invest EUR 75 M in Its Copper Plant in Bulgaria's Pirdop
Germany's leading copper producer Aurubis is planning to invest EUR 75 M in its plan in the town of Pirdop, Aurubis Bulgaria CEO Tim Kurt has announced.
French Air Liquide has signed a new contract with copper smelter Aurubis Bulgaria for the supply of additional quantities of gaseous oxygen, the company said in a statement Thursday.
Aurubis will pour an extra EUR 10 M into the expansion of its facility near the central Bulgarian town of Pirdop.
Under the new 15-year agreement, Air Liquide will supply an additional 350 tons of oxygen to Aurubis as of 2013.
The French industrial gas company currently supplies 800 tons of oxygen a day to the copper production plant.
Aurubis AG, Hamburg is the largest copper producer in Europe and the global leader in copper recycling.
Aurubis' Pirdop-based plant has a capacity to produce around 1 million tons of copper cathodes per year.
"This is the first important step of our new investment programme for environmental protection and increasing productivity, "Aurubis Bulgaria 2014". I am very pleased with this agreement, said Nicolas Treand, CEO of Aurubis Bulgaria.
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